All articles tagged with #job market
Originally Published 1 day ago — by Yahoo Finance
Last year, Trump's tariffs led to the slowest job growth in decades and a rise in unemployment, as businesses hesitated to hire or invest due to policy uncertainty, despite only modest increases in consumer prices.
Originally Published 2 days ago — by Yahoo Finance
Despite geopolitical turmoil and President Trump's aggressive actions, the US dollar has remained resilient, reaching a one-month high due to strong job market data and doubts about the extent of upcoming Federal Reserve interest rate cuts, highlighting the unpredictable nature of markets in the Trump era.
Originally Published 7 days ago — by Yahoo Finance
The U.S. economy in 2025 was characterized by contradictions such as healthy growth amid slowing hiring, elevated inflation, and rising unemployment, with uncertainties about future trends due to data disruptions and technological impacts like AI potentially leading to a 'jobless expansion.' Economists are cautiously optimistic about 2026, expecting improved hiring and growth, but underlying inequalities and data collection issues remain concerns.
Originally Published 8 days ago — by Yahoo Finance
Bank of America CEO Brian Moynihan highlights that while many Gen Z graduates are anxious about AI and job prospects, the bank's recent hiring of 2,000 top grads from 200,000 applications reflects ongoing opportunities. Moynihan encourages young people to harness their fears for future growth, as AI may drive efficiencies and growth in the economy. Meanwhile, experts note that Gen Z faces a challenging job market with low hiring rates, increased automation, and a sense of despair among recent grads, amid broader economic concerns.
Originally Published 8 days ago — by Fortune
Bank of America CEO Brian Moynihan announced the bank hired 2,000 recent Gen Z graduates from 200,000 applications, amid concerns about young people's fears of the future due to AI-driven automation and a challenging job market. Moynihan emphasized harnessing AI for growth and criticized overemphasis on the Fed's role in the economy. Meanwhile, experts highlight that Gen Z faces a 'hiring nightmare' with reduced entry-level opportunities and increased automation, leading many to pursue further education to compete.
Originally Published 11 days ago — by CBS News
Experts predict that the US economy in 2026 will see modest improvements in housing affordability and job growth, with inflation remaining above the Fed's target, leading to cautious optimism about economic stability. The Federal Reserve may continue to cut interest rates, and stock markets could perform well, but concerns about overvalued AI stocks and ongoing inflation challenges persist.
Originally Published 11 days ago — by Yahoo Finance
In 2025, the US economy experienced solid growth with resilient consumer spending and investment, but faced challenges such as rising unemployment, sluggish wage growth, and persistent inflation, especially impacting certain demographics and sectors.
Originally Published 12 days ago — by CNN
In 2025, AI profoundly impacted society by influencing policy, mental health, and the economy, with increased investments and regulatory debates, alongside concerns over safety, mental health risks, and job losses, setting the stage for continued change in 2026.
Originally Published 12 days ago — by Axios
Despite facing significant challenges in 2025, including inflation, a softer labor market, and geopolitical tensions, the US economy demonstrated remarkable resilience with strong GDP growth and a rising stock market, though underlying issues such as weak job creation and income inequality pose risks for 2026.
Originally Published 15 days ago — by Fortune
Contrary to popular belief, jobs most exposed to AI automation are actually experiencing higher growth and wage increases, with AI enhancing productivity rather than displacing workers. However, young entry-level workers face significant challenges, including reduced job opportunities and layoffs, which may be influenced by broader economic factors rather than AI alone.
Originally Published 16 days ago — by Vox
2025 was a challenging year for job seekers in the US, with the worst hiring environment since the post-Great Recession era, driven by economic uncertainty, low job growth, and sector-specific struggles, making it a tough year especially for recent graduates and certain industries.
Originally Published 18 days ago — by CNN
Despite the US economy's fastest growth in two years with a 4.3% GDP increase, many Americans remain pessimistic due to stagnant wages, rising living costs, and concerns over job security, highlighting a K-shaped recovery where the wealthy benefit while others struggle.
Originally Published 19 days ago — by AP News
Consumer confidence in the US has dropped to its lowest level since April 2025, influenced by concerns over high prices, tariffs, and a sluggish job market, despite some positive outlooks on future financial expectations. The decline reflects ongoing economic uncertainty amid trade tensions and rising interest rates.
Originally Published 19 days ago — by ABC News
In December, US consumer confidence dropped to its lowest level since the rollout of tariffs, driven by concerns over high prices, inflation, and the impact of tariffs, despite some optimism about future financial prospects. The survey indicates ongoing economic uncertainty, with declining perceptions of the job market and current financial situation, amid mixed economic data showing growth in the third quarter but sluggish outlook for the fourth.
Originally Published 19 days ago — by PBS
Consumer confidence in the U.S. dropped to its lowest level since April 2025, influenced by concerns over high prices, tariffs, and a sluggish job market, with the confidence index falling to 89.1 in December and perceptions of economic stability weakening.